Blue Whale Acquisition Corp I
We are a new blank check company whose sponsor is affiliated with Mubadala Capital, which was established in 2011 as the asset management arm of Mubadala Investment Company PJSC, an Abu Dhabi government-owned sovereign investor, with more than $243 billion of assets under management. (Blue Whale Acquisition Corp. I is incorporated in the Cayman Islands.)
We intend to pursue a merger with a high-quality company in our target sectors, especially one where our strategic expertise will add value to the target’s businesses post-merger.
The continued growth of connected devices and the increased popularity of digital streaming services globally has supercharged the growth and value of entertainment content.
Geographically, growth opportunities in emerging markets, especially in China and India are particularly promising. Even more mature markets like North America present a strong opportunity to drive growth by converting ad-supported users into paid streaming subscribers.
About Mubadala Capital
Mubadala Capital invests across a range of asset classes, including private equity, public equity, and venture capital. Each business employs a fundamentals-driven investment strategy, prioritizing capital preservation and long-term value creation. Mubadala Capital is a differentiated and value-added investor that leverages both the Mubadala network and the relationships embedded within the investment team to source proprietary investment opportunities on a global basis. The firm has a cohesive and tenured investment team led by senior leadership who have worked together for more than twelve years.
Mubadala Capital has a long track record of successfully identifying category leaders suitable for investment, especially in media, entertainment, and premium content and services sectors. Representative transactions the firm has consummated in the recent past include EMI Music Publishing (acquired in 2012 and successfully exited in 2018, making Mubadala Capital one of the few institutional investors to successfully structure, purchase, and exit a major music asset in the last decade), Endeavor (acquired in 2014), Reigning Champs (acquired in 2014), Imagine Entertainment (acquired in 2016), YES Network (acquired in 2019), and Looping Group (acquired in 2019). In total, these transactions and others in the media, entertainment, and premium content and services sectors represent more than $1 billion of capital deployed. These investments and many more have helped Mubadala Capital build a unique network of relationships and access to management teams in the industry, which we believe will help facilitate a successful merger with a target.
(Note: Blue Whale Acquisition Corp. I priced its SPAC IPO on Aug. 3, 2021, in line with the terms in its prospectus: 20 million units at $10 each to raise $200 million.)
|Address||PO Box 1093, Boundary Hall, Cricket Square, Grand Cayman, KY1-1102, Cayman Islands|
|Phone Number||(345) 949 8066|
|View Prospectus:||Blue Whale Acquisition Corp I|
|Revenues||$0 mil (last 12 months)|
|Net Income||$0 mil (last 12 months)|
|Price range||$10.00 - $10.00|
|Est. $ Volume||$200.0 mil|
|Manager / Joint Managers||Goldman Sachs/ BofA Securities|
|Expected To Trade:||8/4/2021|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|